No deposit bonus
First established in 2004, FreshForex has been operating on the market for around 14 years so far. Its headquarters are in Moscow, Russian Federation. The company is regulated by CRFIN – Russian national financial regulator. In addition to that, it has one more financial regulator in the face of KROUFR. It handles disputes and penalties in case if any omissions occur. FreshForex is also very respected in the European Union due to its long history and finest reputation.
Deposits and Withdrawals
The minimum initial deposit amount is 200 USD. The broker offers 3 base currencies for account management – USD, Euro, and RRB. Supported payment methods are Master/Visa card, Skrill, FasaPay, Web Money, Bitcoin. The company claims to process withdrawal requests within 10 minutes after it arrives in their system. However, it depends on your bank when exactly your funds will arrive in your bank account. Judging from numerous forum reviews, the entire process should not take longer than 7 business days.
You are free to try demo account before starting with the real one. Their website provides a great variety of educational materials for newcomers. Trading on their website is easy, mainly thanks to the platform which this broker uses – MetaTrader 4. Also, the broker has its mobile application which will allow you to trade from almost anywhere, as long as you have the internet connection. Order execution is really fast – 0,05 seconds. There is also the option of your personal trading account manager.
There are stocks, commodities, foreign currency pairs and indices available to make trades with. Scalping and hedging strategies are allowed. The spreads differ depending on your account type. FreshForex offers 3 account types: Classic (starting from 200 USD), Market Pro (from 400 USD), and ECN (from 2000 USD). Spreads are fixed on Classic (from 2 p.), floating on Market Pro (from 0.9 P.), and lowest spreads are on ECN (from 0 p.)
To sum up, FreshForex seems to be a reputable company with a long history in the Forex market. It is a good choice for both novice and experienced traders.
Broker FreshForex Website URL https://freshforex.com/ Founded 2004 Headquarters Saint Vincent and the Grenadines Support Number Yes Trading Platform MetaTrader4 Minimum 1st Deposit $1 Minimum Account Size from|$200|for|Classic|accounts,|from|$400|for|Market|Pro|accounts,|from|$2000|for|ECN|accounts. Minimum Trade Amount 0.01 lot (1000 currency units) for Market Pro accounts Bonus No deposit bonus Leverage 1:50 ? 1:1000 Spread fixed (from 2 pips) for Classic accounts| floating (from 0.9 pips) for Market Pro accounts| the lowest one (from 0 pip) for ENC account. Free Demo Account Open Demo Regulation CRFIN, KROUFR Number of Assets 300+ US Traders Allowed Hours Yes Mini Account 25 PAMM Yes *** Auto Trading Yes Affiliate Program: Yes Expert advisors: Yes Free Education: Yes Other Instruments CFDs, Bitcoin Decimals 4 Overall Score 2.9